Tag: Chain

Banking giant Citi and technology stock exchange Nasdaq announced a new digital payment solution that provides straight-through processing and automatic payments reconciliation by leveraging blockchain technology to record and transfer payment instructions. The collaboration between the two New York-based financial services companies has culminated in a pioneering banking solution that integrates distributed ledger technology with Citi’s global financial network’s API…

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Creating industry standards for distributed ledgers requires open-sourced software solutions. Chain, one of the many blockchain providers available today, released the Chain Core Developer Edition. This open-source version of the company’s distributed ledger platform is free of charge and allows companies to issue and transfer assets. All of this will take place within a permissioned blockchain network. Chain has built…

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Blockchain technology is making headway in the financial sector as we know it today. Even credit card giant Visa is keeping close tabs on distributed ledgers. The company even went as far as announcing their international payment solution built on top of Chain’s blockchain services. In doing so, Visa wants to ensure faster, cheaper, and more transparent form of exchanging…

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Chain Inc., a San Francisco-based blockchain software company has raised US$30 million from Wall Street companies and investment banks, including Visa Inc., Citi Ventures and NASDAQ Inc, to enable institutions “to design, deploy, and operate blockchain networks that can power any type of asset in any market.” Chain Inc. aims to be the leading startup in its sector to assist…

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